MrWeb's MR-a-thon

Beijing to London, via... Everywhere!


Welcome To Nicaragua
Country number
150
Selected MR Agencies

An Introduction to Nicaragua

The largest of the Central American isthmus republics, Nicaragua is also the second poorest country in the Western Hemisphere after Haiti. Physically it is divided into three major zones: Pacific lowlands, wet, cooler central highlands and Caribbean lowlands. The country has the region's two biggest lakes, a number of active volcanoes and strong biological diversity. See full country profile.

Latest Research News from Latin America

Sep 22
Last year saw the MR industry experience its highest level of growth since 2010, according to the latest study by international association ESOMAR. Sep 22 2017
Aug 18
UK-based digital audience platform MPP Global has appointed Heath Podvesker as General Manager Americas, Melissa Pegus as VP of Channel and Strategic Alliances and Trena De Landro as VP of Publishing and Media. Aug 18 2017


1 current Latin American job:

Technical Account Manager, Tagging Operations, Puerto Rico, $ salary TBD - (posted Jul 26 2017)


Fast Facts
Map of Nicaragua
CAPITAL: Managua
GOVERNMENT: Presidential constitutional republic
AREA: 130,370 sq km
POPULATION: 5,891,199 (2010 Census)
MAJOR LANGUAGE: Official Language: Spanish. Recognised regional languages include Miskito, Rama and Sumo
Roll Up!
Roll Up!


Miskito / Mosquito Coast The eastern 'Mosquito Coast' region, sparsely populated and broken up by rivers, lagoons and deltas, was a British protectorate for two centuries from 1655, owing mostly to the activities of the Providence Island Company, of which the Earl of Warwick was chairman and John Pym treasurer. The Company sponsored the son of the 'King' of a previously thinly-documented regime known as the Miskito to visit England during the reign of Charles I (1625-49), and when his father died, this son returned home and placed his country under English protection. A group called the Miskito Sambu, apparently of mixed race and possibly descended from a shipwrecked crew who intermarried with the Miskito, later took control of the kingdom and aligned themselves with Britain.

The coast was ceded to Nicaragua in the mid-19th century, except for a northern section given to Honduras. Around the region's principal city of Bluefields, English is widely spoken today alongside the official Spanish, and the atmosphere is more typically Caribbean than in the rest of Nicaragua.

A little More Knowledge?
Go to next country



Nicaragua in Profile

The largest of the Central American isthmus republics, Nicaragua is also the second poorest country in the Western Hemisphere after Haiti. Physically it is divided into three major zones: Pacific lowlands, wet, cooler central highlands and Caribbean lowlands. The country has the region's two biggest lakes, a number of active volcanoes and strong biological diversity.

Spanish from the early 16th century, it was independent in 1821 and has led an unsettled existence since, with political unrest, dictatorship (most famously the Samoza dynasty from 1936-1979), US intervention and natural disaster all playing a part.Prior to revolution in the 1960s it was one of the region's wealthier countries. Following civil war between Sandanista revolutionaries and US-funded 'Contras' in the 1980s, the country was left with devastated infrastructure, impoverished and exhausted, with 16,000% inflation. In 1990, with massive US backing, Violeta Chamorro became the second democratically elected female president in the western hemisphere, but after a succession of short-lived presidents the country in 2006 once again 'chose' (with 38% of the vote sufficing for his election) Sandanista / FSLN leader Daniel Ortega, who remains in power today after re-election in 2011.

Some Business and General Info

GDP: $18.8bn (2011 est); $3,072 per capita

Religions Roman Catholic 58.5%, Protestant 23.2% (Evangelical 21.6%, Moravian 1.6%), Jehovah's Witnesses 0.9%, other 1.7%, none 15.7% (2005 census)

Currency: Nicaraguan Córdoba - 1 NIO = $0.043

Telephone Code: +505

Research Industry

no stats or MR association at present

Overview of Trade and Industry

The country suffers from widespread underemployment, currently at 46.5%. Political instability has depleted the manufacturing base and has also limited the mining of both gold and copper. The current government is trying to change the industrial mix of the country and achieve decentralization away from Managua where previously over 60% of industri'l output by value was generated.

The US-Central America Free Trade Agreement (CAFTA) was signed in 2006 and has helped with the export of both agricultural and manufactured goods.

Textiles and clothing account for nearly 60% of Nicaragua's exports, but recent increases in the minimum wage may erode the country's advantage over Asian competitors. Other exports include coffee, beef, shrimp and lobster, tobacco, sugar, gold, peanuts, cigars and automobile wiring harnesses. Main export partners were the US (32% in 2007),El Salvador (14%) and Honduras (9.3%). Imports include consumer goods, machinery and equipment, raw materials and petroleum products coming from the US (22.5% in 2007), Mexico (13.5%) and Costa Rica (8.4%) among others. Total exports in 2009 were $2.34bn; imports were $3.97bn.

My view
from...
Nicaragua
Researchers Talk!
Have your say!
If you are a researcher based in Nicaragua, in whatever capacity, then we would love to hear from you!

Email me:
laurence@mrweb.com

Views from...

Anyone done any research in Nicaragua? Drop us a line if you're prepared to spend a few minutes telling us about it!